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Lorri Hoffman

Lorri Hoffman

Team Lead Loan Officer
Movement Mortgage
NMLS ID # 105066

Market Update

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March 24, 2023

Uncertainty reigns in the economy as mortgage rates slide...

Over the past year the Federal Reserve has increased the federal funds rate a total of nine times—but this last one was a bit different. The Federal Open Market Committee unanimously decided to hike the overnight lending rate by 25-basis points...

Lorri Hoffman
Lorri Hoffman
Team Lead Loan Officer
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19720 Jetton Rd, Stes 202 & 203, Cornelius, NC 28031
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NMLS # 105066

State License #AR-105066, CA-DFPI105066-CA DFPI under the California Residential Mortgage Lending Act, CO-100541817, GA-62040, FL-LO53896, IL-031.0086719, KY-MC864717, MD-105066, NV-NMLO-101826, NC-I-160402, OH-MLO-OH.105066, PA-110492, SC-MLO - 105066, TN-105066, TX-SML, VA-MLO-37958VA, WV-105066